High Other Current Liab vs Retained Earnings Analysis

HITI Stock

CAD 3.67 0.10 2.80%

High Tide financial indicator trend analysis is much more than just examining High Tide latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether High Tide is a good investment. Please check the relationship between High Tide Other Current Liab and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy High Stock please use our How to Invest in High Tide guide.

Other Current Liab vs Retained Earnings

Other Current Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of High Tide Other Current Liab account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between High Tide's Other Current Liab and Retained Earnings is -0.64. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of High Tide, assuming nothing else is changed. The correlation between historical values of High Tide's Other Current Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of High Tide are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Liab i.e., High Tide's Other Current Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Other Current Liab

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from High Tide's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into High Tide current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy High Stock please use our How to Invest in High Tide guide.At this time, High Tide's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.39 in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 3.4 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	131.3M	142.5M	163.9M	172.1M
Total Revenue	487.7M	522.3M	600.7M	630.7M

Gross Profit Total Revenue

High Tide fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment
Total Assets		0.88	0.74	0.93	0.95	0.69	0.93	0.83	-0.91	0.94	0.79	0.99	0.96	0.73	0.88	0.79	0.88	0.55	0.95	0.88	0.73	0.98	0.86	0.6	0.92	0.93
Short Long Term Debt Total	0.88		0.55	0.88	0.92	0.58	0.97	0.87	-0.92	0.89	0.9	0.87	0.82	0.61	0.93	0.65	0.93	0.54	0.87	0.95	0.61	0.92	0.94	0.84	0.94	0.97
Other Current Liab	0.74	0.55		0.69	0.72	0.46	0.68	0.44	-0.64	0.67	0.56	0.75	0.69	0.5	0.63	0.84	0.68	0.76	0.69	0.64	0.26	0.72	0.63	0.21	0.68	0.68
Total Current Liabilities	0.93	0.88	0.69		0.85	0.5	0.87	0.86	-0.9	0.84	0.8	0.9	0.82	0.46	0.86	0.68	0.85	0.54	0.83	0.87	0.58	0.95	0.85	0.77	0.88	0.87
Total Stockholder Equity	0.95	0.92	0.72	0.85		0.78	0.98	0.73	-0.94	0.88	0.89	0.94	0.92	0.74	0.95	0.76	0.96	0.65	0.89	0.96	0.72	0.91	0.95	0.65	0.99	0.98
Net Tangible Assets	0.69	0.58	0.46	0.5	0.78		0.71	0.29	-0.75	0.63	0.73	0.67	0.71	0.81	0.78	0.48	0.76	0.33	0.61	0.71	0.64	0.58	0.74	0.3	0.76	0.72
Property Plant And Equipment Net	0.93	0.97	0.68	0.87	0.98	0.71		0.8	-0.95	0.92	0.92	0.92	0.88	0.73	0.96	0.73	0.97	0.62	0.91	0.97	0.63	0.93	0.96	0.72	0.98	1.0
Net Debt	0.83	0.87	0.44	0.86	0.73	0.29	0.8		-0.73	0.87	0.61	0.83	0.78	0.51	0.68	0.6	0.68	0.34	0.87	0.72	0.59	0.91	0.68	0.72	0.73	0.8
Retained Earnings	-0.91	-0.92	-0.64	-0.9	-0.94	-0.75	-0.95	-0.73		-0.85	-0.93	-0.88	-0.84	-0.63	-0.98	-0.68	-0.97	-0.53	-0.82	-0.97	-0.59	-0.9	-0.96	-0.75	-0.98	-0.95
Accounts Payable	0.94	0.89	0.67	0.84	0.88	0.63	0.92	0.87	-0.85		0.74	0.94	0.93	0.83	0.82	0.76	0.84	0.49	0.98	0.83	0.6	0.95	0.81	0.53	0.86	0.93
Cash	0.79	0.9	0.56	0.8	0.89	0.73	0.92	0.61	-0.93	0.74		0.74	0.72	0.56	0.97	0.48	0.97	0.66	0.69	0.97	0.49	0.78	0.99	0.78	0.94	0.91
Non Current Assets Total	0.99	0.87	0.75	0.9	0.94	0.67	0.92	0.83	-0.88	0.94	0.74		0.96	0.75	0.84	0.83	0.85	0.54	0.97	0.85	0.75	0.98	0.83	0.56	0.91	0.92
Non Currrent Assets Other	0.96	0.82	0.69	0.82	0.92	0.71	0.88	0.78	-0.84	0.93	0.72	0.96		0.82	0.81	0.74	0.82	0.55	0.93	0.82	0.76	0.92	0.8	0.49	0.87	0.88
Other Assets	0.73	0.61	0.5	0.46	0.74	0.81	0.73	0.51	-0.63	0.83	0.56	0.75	0.82		0.64	0.6	0.65	0.34	0.81	0.61	0.6	0.67	0.62	0.13	0.68	0.73
Cash And Short Term Investments	0.88	0.93	0.63	0.86	0.95	0.78	0.96	0.68	-0.98	0.82	0.97	0.84	0.81	0.64		0.64	0.99	0.59	0.79	0.98	0.59	0.86	0.99	0.76	0.98	0.96
Net Receivables	0.79	0.65	0.84	0.68	0.76	0.48	0.73	0.6	-0.68	0.76	0.48	0.83	0.74	0.6	0.64		0.66	0.45	0.83	0.64	0.46	0.79	0.6	0.28	0.72	0.75
Common Stock Shares Outstanding	0.88	0.93	0.68	0.85	0.96	0.76	0.97	0.68	-0.97	0.84	0.97	0.85	0.82	0.65	0.99	0.66		0.65	0.8	0.99	0.53	0.86	0.99	0.72	0.99	0.97
Short Term Investments	0.55	0.54	0.76	0.54	0.65	0.33	0.62	0.34	-0.53	0.49	0.66	0.54	0.55	0.34	0.59	0.45	0.65		0.47	0.66	0.2	0.53	0.67	0.36	0.63	0.6
Non Current Liabilities Total	0.95	0.87	0.69	0.83	0.89	0.61	0.91	0.87	-0.82	0.98	0.69	0.97	0.93	0.81	0.79	0.83	0.8	0.47		0.8	0.67	0.96	0.78	0.5	0.85	0.92
Inventory	0.88	0.95	0.64	0.87	0.96	0.71	0.97	0.72	-0.97	0.83	0.97	0.85	0.82	0.61	0.98	0.64	0.99	0.66	0.8		0.57	0.87	1.0	0.78	0.99	0.96
Other Current Assets	0.73	0.61	0.26	0.58	0.72	0.64	0.63	0.59	-0.59	0.6	0.49	0.75	0.76	0.6	0.59	0.46	0.53	0.2	0.67	0.57		0.66	0.57	0.47	0.65	0.63
Total Liab	0.98	0.92	0.72	0.95	0.91	0.58	0.93	0.91	-0.9	0.95	0.78	0.98	0.92	0.67	0.86	0.79	0.86	0.53	0.96	0.87	0.66		0.85	0.66	0.9	0.94
Total Current Assets	0.86	0.94	0.63	0.85	0.95	0.74	0.96	0.68	-0.96	0.81	0.99	0.83	0.8	0.62	0.99	0.6	0.99	0.67	0.78	1.0	0.57	0.85		0.77	0.98	0.96
Short Term Debt	0.6	0.84	0.21	0.77	0.65	0.3	0.72	0.72	-0.75	0.53	0.78	0.56	0.49	0.13	0.76	0.28	0.72	0.36	0.5	0.78	0.47	0.66	0.77		0.73	0.71
Common Stock	0.92	0.94	0.68	0.88	0.99	0.76	0.98	0.73	-0.98	0.86	0.94	0.91	0.87	0.68	0.98	0.72	0.99	0.63	0.85	0.99	0.65	0.9	0.98	0.73		0.98
Property Plant Equipment	0.93	0.97	0.68	0.87	0.98	0.72	1.0	0.8	-0.95	0.93	0.91	0.92	0.88	0.73	0.96	0.75	0.97	0.6	0.92	0.96	0.63	0.94	0.96	0.71	0.98

Click cells to compare fundamentals

High Tide Account Relationship Matchups

High Tide fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	246.2M	274.7M	233.4M	246.2M	283.1M	141.6M
Short Long Term Debt Total	47.0M	55.4M	69.9M	72.5M	83.4M	87.6M
Other Current Liab	2.5M	17.4M	13.4M	12.2M	14.0M	9.4M
Total Current Liabilities	40.8M	59.9M	58.1M	61.5M	70.7M	36.9M
Total Stockholder Equity	147.2M	156.4M	131.6M	143.3M	164.8M	173.0M
Net Tangible Assets	(2.6M)	(7.9M)	4.9M	10.9M	12.5M	13.1M
Property Plant And Equipment Net	52.7M	62.0M	57.8M	64.0M	73.6M	77.3M
Net Debt	39.4M	41.4M	44.8M	42.4M	48.8M	27.6M
Retained Earnings	(87.8M)	(168.1M)	(205.9M)	(209.4M)	(188.4M)	(179.0M)
Accounts Payable	8.7M	7.7M	8.4M	8.1M	9.3M	5.6M
Cash	14.0M	25.1M	30.1M	47.3M	54.4M	57.1M
Non Current Assets Total	199.9M	210.7M	164.8M	160.4M	184.5M	100.7M
Non Currrent Assets Other	1.0M	4.4M	3.0M	3.3M	3.8M	2.1M
Other Assets	3.4M	3.0M	4.9M	3.2M	3.7M	3.1M
Cash And Short Term Investments	7.6M	14.9M	25.3M	30.3M	34.8M	36.5M
Net Receivables	7.5M	8.2M	7.6M	3.3M	3.8M	4.8M
Common Stock Shares Outstanding	42.4M	62.8M	74.3M	80.8M	92.9M	97.6M
Short Term Investments	860K	195K	141K	712K	818.8K	859.7K
Liabilities And Stockholders Equity	69.8M	246.2M	274.7M	233.4M	268.4M	281.8M
Non Current Liabilities Total	53.4M	52.8M	41.6M	39.2M	45.1M	29.1M
Inventory	17.0M	23.4M	26.0M	29.3M	33.7M	35.4M
Other Current Assets	3.1M	6.9M	7.2M	4.8M	5.6M	4.6M
Total Liab	94.2M	112.7M	99.7M	100.7M	115.8M	66.1M
Total Current Assets	46.3M	64.1M	68.6M	85.8M	98.7M	103.6M
Short Term Debt	18.6M	12.3M	26.7M	32.2M	37.0M	38.9M
Common Stock	32.6M	208.9M	279.5M	288.0M	331.2M	347.8M
Property Plant Equipment	12.4M	29.5M	52.7M	62.0M	71.3M	74.9M
Capital Lease Obligations	29.8M	33.8M	35.0M	40.2M	46.2M	48.5M
Other Stockholder Equity	4.7M	15.2M	23.1M	30.7M	35.4M	37.1M
Net Invested Capital	172.9M	192.5M	169.0M	177.7M	204.3M	110.1M
Short Long Term Debt	6.5M	19.1M	25.0M	26.9M	30.9M	32.4M
Accumulated Other Comprehensive Income	(487K)	(648K)	5.7M	18.7M	21.5M	22.6M
Net Working Capital	5.5M	4.1M	10.5M	24.3M	28.0M	29.4M
Capital Stock	208.9M	279.5M	288.0M	300.6M	345.7M	184.1M
Intangible Assets	62.3M	62.1M	27.3M	19.4M	22.4M	30.2M
Long Term Debt	19.1M	17.0M	12.5M	7.5M	6.8M	12.0M
Good Will	79.9M	83.4M	76.2M	73.4M	84.4M	59.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for High Stock Analysis

When running High Tide's price analysis, check to measure High Tide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy High Tide is operating at the current time. Most of High Tide's value examination focuses on studying past and present price action to predict the probability of High Tide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Tide's price. Additionally, you may evaluate how the addition of High Tide to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC